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Search Results 0 to 34 of about 35 (some duplicates have been removed)
Dec 6, 2012 8:00am PST
with something that avoids going over the fiscal cliff. i think that's what that poll shows. >> let me change topics for a bit. news broke just before the program that republican senator jim demint is leaving. he decided to take over the heritage foundation. i have a question for you in that was this expected? he's a staunch conservative and opponent to craving into democrats and how do those things factor into a way ahead for republicans in the senate? >> i was surprised to hear that jim demint was giving up his senate seat to become head of the heritage foundation, a conservative think tank in washington. it surprised me. i suppose if it surprised me, it surprised a lot of washingtonians as well. i didn't have any indication he was ready to give up that seat from south carolina. running the heritage foundation is an important position in washington. a lot of influence among conservatives, among republicans. i'm sure he's going to have his work cut out for him there. you're right. it does give up that seat from south carolina. south carolina is a pretty red state and once there are elections
FOX News
Dec 9, 2012 11:00am PST
the fiscal cliff to use that terminology. something's going to happen before year end. hopefully it's a comprehensive package that solves our nation's problems then later, next year, we deal with tax reforms in a revenue neutral way. what i -- i'll stop. >> chris: hemorrhaginge >> this goes beyond the deal. why should congress give up it's constitutional authority over borrowing? we looked at your record when george w. bush was president. you voted at least three times against increasing the debt limit. why would congress give up that power? >> the bottom line is on debt ceiling, things shifted. i don't agree with bob corker on that issue. it shifted the way it has on taxes. senator mcconnell put on the floor a resolution that said it was his idea, not ours, that let the president raise the debt ceiling. it's money congress has already spent and let congress by two-thirds override it. he thought we democrats would run from that scared as could be. within a half hour we had 51 votes, we called his bluff and . the sure footed mitch mcconnell stumbled. i believe debt ceiling will be pa
FOX News
Dec 5, 2012 8:00am PST
bit about the fiscal cliff and that's something we've all been talking about recently, and what it means for us right now and the year ahead. we also have other business news. we'll get back to the president by the way if and when we get that feedback. he will be taking questions from the audience there of business leaders as gregg mentioned. elizabeth mcdonald ever the fox business network is standing by list toning some of what the president had to say about the economy. liz, can you place it in context about where our economy is right now. >> reporter: the president just now was placing it in the -- the economy in the broader context of what is going on in the world, mentioning asia, mentioning europe, and then he turned to what was the most important part of the speech, he started to speak and that is what is holding us back ironically is stuff that is going on in this town, and he also, the president also said, no one wants to get a deal done more than me. so he's trying to essentially give some encouragement to get the fiscal cliff deal talks ignited and going. and so this
Dec 10, 2012 7:00am EST
. in gratitude, the government put me out of business. the fiscal cliff is something that we need to go over, that way we can enhance our military to special forces and get us some better weaponry. lose the people who are vacationing in all of these foreign countries, limiting the military to doing what it absolutely has to do. host: you are probably the fourth person here who has said we should go over the cliff. the headline from november in "the financial times" was that the fall in consumption would be $200 billion if we go over the cliff. that the u.s. consumer is crucial to growth, they went on to say, because it made up 70% of gdp. some are predicting a recession, a downgrade of our rating for the country. you think it would be ok to go over the cliff? caller: put it this way. only in the last 2000 years of human existence, every time a country goes above 20% tax rate, they failed. rome, babylon. go throughout human history. we are saying it is a 50% tax rate now. what about an 80% tax rate? we cannot survive as a government entity by having so many man hires attached to the host. hos
Dec 9, 2012 4:00pm PST
to go over the fiscal cliff, to use that terminology, something will happen before year end. hopefully, a comprehensive package that solves our nation's problems and then, later, next year we deal with tax reforms in a revenue-neutral way. but i do not want to see us -- go ahead, i'll stop. >> chris: let me bring in senator schumer. and, this goes beyond simply the question of this deal. why should congress give up its constitutional authority over borrowing? you know, we looked at your record, when george w. bush was president, and you voted at least three times against increasing the debt limit. why would congress unilaterally give up that power? >> well the bottom line is, i think on debt ceilings, things have shifted. i don't agree with my good friend, bob corker on the issue. i think it shift the way it has on taxes and we just saw that. senator mcconnell put on the floor a resolution that said, it was his idea, not ours, that let the president raise the debt ceiling, after all it is money congress already spent, and, let congress, by 2/3, override it. he thought we democrats woul
FOX News
Dec 12, 2012 8:00am PST
try to pass something in the senate that would have put food stamps on the table for the fiscal cliff negotiations and failed in the senate. jenna: let me ask you that is it part of the fiscal cliff negotiations or are food stamps in their own column right now? >> reporter: he tried. it is considered an entitlement program so it has to be funded. he did try to get the specific measure passed in the senate and it failed. jenna: any response from the administration on this? >> reporter: we reached out to the white house on this and want to give them opportunity to explain or comment on the fact under president's first term food stamps are up 39%. amount of americans dependent on them. the white house directed us to the u.s. department of agriculture and oversees this program and other similar programs. here is what they told us. the increase in snap participation during the 2008 and 2010 pared of economic decline which include the recent recession was consistent during increase in previous periods of economic decline. senator sessions and others make a point. the math doesn't add up. as
Dec 7, 2012 6:00am PST
americans who can see their income taxes go up similar to the photo-op, the fiscal cliff photo-op of yesterday which was the president meeting with the middle class family. now to jobs. we have something of a surprise report. jobs turned out to be up up. the jobless rate is down and the word from the government is that sandy had no substantive effect on the data. here are the numbers. unemployment down to 7.7%. the economy added 146,000 jobs, not great but good. a third of that came from the retail sector. 53,000 jobs added. professional and business services up 43,000. leisure and hospitality up. construction, though, lost 20,000 jobs. we should note that jobs numbers were revise d downward, though, for september and october. in september it was revised from 148,000 gain to 238,000. went from 138,000 to 132,000. this month, the 7.7 is a full point lower than where we were at this time last year. so what are we supposed to make of these numbers and does the november report provide us a real sense of where this recovery is right now? let's bring in the man we like to bring in ev
Dec 10, 2012 12:00pm EST
to think of this medium and long term risk as the fiscal avalanche. the cliff is something we are approaching now and we can see where it is. we know will hit the cliff. the avalanche is different. the only thing you know about avalanches, you know when the conditions are present. you know when the snowpack has built up to the point where it could happen. you do not know when it is going to happen, you just know it is coming. once it hits you, the avalanche becomes completely impossible to control. do you agree with this characterization about the avalanche? could you elaborate about that kind of threat? >> would you mind if i steal that from you? i will give you credit. i think it is right. i do think -- that is why what you're doing now is so important. this is a once in a generation opportunity for you to nail these things down. we're not that far apart. i really do not think we are. if you are able to put us on a credible path to fiscal sustainability, do it in a balanced way, i think we are golden. i think we will avoid that avalanche. if we do not do that, ultimately, it
FOX News
Dec 12, 2012 12:00pm PST
, there he is, i'm free. i'm going to america. vamos miami. mcafee. wow. time for the daily fiscal cliff update as much as i am bored to tears with this story. bored. bored horrible. they will get something done. or they're not. tenth days from potential economic crisis leading republicans warn lawmakers no one is leaving washington, dc, for the holidays, until a deal is done. that would probably include wendell. who is the grinch? >>reporter: house majority cantor who is predicting lawmakers may stay until christmas and come back between christmas and new years. doesn't seem to have been much progress since the first post election face-to-face talks between the president and speaker boehner on sunday but aides say the president is eager for a compromise but at the same time they defended his public prediction that speaker boehner will give up trying to extend the public administration's upper income tax cuts. >> the president predicted the speaker boehner would not want to hold a position and that republicans in general would not want to maintain a position that would result in everyone
Dec 9, 2012 7:00am EST
the fiscal cliff and another recession. host: for that to happen, something has to happen this week? guest: not this week but every day that so little gets done raises the chance it will go wrong. i worry about that a lot. guest: it is a small deal, they can do something quickly. it may not require even a roll- call vote. to do the big deal, they did not have enough time to do the big deal when congress reconvenes on november 13. host: final word? guest: i think it is time to talk about the spending side. look at anyone trying to run a federal agency and they are being told the budget will be cut at 14% across the board beginning january 2. this is a ridiculous way to run a country. host: douglas holtz-eakin is the former director of the congressional budget office. stancollander thank you both for being with us. we will take a closer look of some of those special interest groups that are lobbying on behalf of what may happen with the so-called fiscal cliff. later, we will turn our attention to what is next for the u.s. and nato in relation to syria. other let's look at the guests and topi
FOX News
Dec 4, 2012 9:00pm PST
this fiscal cliff issue, what they do instead is attack, attack, attack, smear, hate, but we don't hear specifics because if they actually admitted what they stand for, it would scare most persons. 91% tax brackets, you know. >> maybe we should do a segment on what they really believe. howard dean wants the country over the fiscal cliff. let's go to leftist talker randy rhodes. she had some very nice things to say obviously false about the nra. listen to this. >> i swear to you, the nra has this conspiracy floating that obama is a muslim brother hood creature that he's trying to get a third term like he's, i don't know, mayor bloc bloomberg. you better stock up on your guns anyway because he might do it, he just might do it, you just can't not buy a gun. what would jesus buythere's a w. yeah. the people with the guns are waging it. it's very weird. >> very bizarre. i mean, is this -- how do you listen to hours of this vitriol. >> it's torture, but there's a bubble out there. there's a progressive bubble. you go to parts of the bay area or whatever, and this is what they're talking about
Dec 12, 2012 3:00am PST
. >> this compromise or set of compromises that gets us over the fiscal cliff will set the stage for president obama to craft a compromise and demographics. the republicans know they have to compromise and get something done on immigration. tax reform, the republicans have said they want tax reform. president obama said the same. we need tax reform. immigration and tax reform post the fiscal cliff will create a legacy and may see congress doing something. >> that is why it is so important that they figure out a way to come together before the end of the year hopefully. if the environment is poisoned like it was after the stimulus, after the health care debate, the next four years will be ugh low. >> that's true. the higher number of women increases the chances. we will see. >> i saw the women here smiling. we were talking about how collaborative they were. the guys, not so much. >> we don't smile. i agree. the more women the better. i'm agreeing with you. can i say nothing? i said the more women, the better. i'm agreeing with you. the more women, the less self destructive egos and getting to a deal.
FOX Business
Dec 5, 2012 1:00pm EST
in washington. speak up for the fiscal cliff is part of the half trillion dollars in cuts to the pentagon. the defense has been saying we will not plan for sequestration's because they don't want to be cautious because it is like a gun to the head. they're now looking into planning for this because we are getting pretty late, and that may become a reality. back to you. melissa: rich edson, thank you so much. lori: let's continue this discussion. it is going to happen, it is exactly what the democrats want. according to scott hodge of the tax foundation. what are some alternatives to raising revenue? joining me with some ideas. to your point, you're written quite extensively on this topic. it seems the economy is poised to fall off the cliff and that's what the democrats and the president wants to happen. >> they want to allow all the bush tax cuts to expire. it happens naturally automatically. they don't even have to vote for it. in january we had to lower taxes for everybody. getting it very simply. lori: a lot of people are concerned. if we do go over the cliff, there's no resolution fo
Dec 7, 2012 11:00pm PST
the rhetoric that we saw from the treasury secretary tim geithner who said he's prepared to go over the fiscal cliff. that is not a good way to talk about what's going on right now. >> mr. reich, let me ask you the same thing. do you think there's code suggesting they are working towards something? because, doug, as you point out, the language was really harsh during this week. but all of a sudden, here we are friday evening and people are saying these kind of soft things that say maybe compromise. what do you think, robert? >> i think doug is right. it's too early to break out the champagne, but undoubtedly, the rhetoric is softening as we get closer and closer to the christmas holidays. these people want to go home. they want to have a holiday. they know that they cannot go home to their constituents and say essentially, i couldn't get anywhere. we're going to go over the fiscal cliff together. and that's particularly true and particularly difficult for republicans because the way the polls are showing the public's anger with this process, the republicans are going to get most of that anger.
Dec 7, 2012 3:00am PST
party, and it comes around the issue of jobs. it comes around the issue of the fiscal cliff talks about what the party wants to be. whether there's going to be a tea party 2 or whether there's something of a vacuum that doesn't get filled with demint leaving the senate. >> all right. david, thank you so much. we'll be watching "meet the press" this sunday as we do every sunday. eugene, thank you as well. your latest column online at >> guard that mustache, gene. >> i'm going to guard it with my life. >> and congressman emanuel cleaver, great to have you on set with us. >>> coming up, nbc chief white house correspondent chuck todd. and later in the show, "the economist" crunched the numbers and came up with the best countries to be born in in 2013. and the united states does not top their list. we'll find out who does ahead on "morning joe." [ male announcer ] there are plenty of reasons to be jolly at the chevy year-end event because chevy's giving more. more efficiency with sonic and cruze... more function in equinox and traverse... more dependability with the legen
FOX News
Dec 10, 2012 8:00am PST
in this fiscal cliff matter. jon? jon: on the democratic side it seems like they are holding firm on being sure that there is additional tax revenue in any fiscal cliff deal, right? >> jon, no question about that. they have been consistent from the very beginning. the president ran on the upper income americans paying more taxes as part of this deal. we heard more from chuck schumer on "fox news sunday". >> we democrats realize that there have to be two sides to this bargain but we're not going back to what we did in 2011. we both revenues and cuts on the table and ended up with just getting cuts because the other side wouldn't accept the revenues. >> reporter: a lot of folks on both sides feel like this is critical week. we're getting close to the end of the year. you need to give lawmakers a chance to put whatever deal it nice legislative language and sell to constituents and ultimately vote on it and hopefully send it to the president's desk. jon. jon: we'll see what happens. not a lot of time left. mike emanuel, thank you. jenna: another u.s. drone strike delivering a blow to al qaeda. we'r
Dec 5, 2012 3:00am PST
. this is the piece of the story that is forgotten over and over again. the fiscal cliff is a creation of the republican party. had it not been for a republican party that was unwilling to grant this president an extension on the debt ceiling -- >> which every other president has been able to get in a bi-partisan fashion. >> absolutely. then we wouldn't be here right now. we would not be on the edge of the cliff. it's a precarious thing to negotiate around when you consider we might get thrown into a recession if we do go over it. but the more i watch the right, it the more it looks like something is going to have to budge over there. you look at the pugh poll that came out yesterday. 53% of americans would blame republicans if we go over the cliff. only 26% would blame president obama. >> yeah. >> what do we knew about polling? that there are 20% of americans that will always side with republicans. george bush left office with a 20% hard-core approval rating. the iraq war seven years in had a 20% approval rating. so obviously it's that 20% that's bl
Dec 7, 2012 6:00am EST
about something else. >> couldn't the sandy weakness then be followed by fiscal cliff worry weakness. even if we don't go over the cliff. we could go above 8% and all of a sudden -- >> we could. and i'm expecting over 8% today or around 8% or more. and just to explain, there's a couple things going on. it's an earlier thanksgiving. so as i understand it, the bls moved survey week backwards to 11/5 from 111/12. that means it further back into the teeth of sandy's effects. all the peek out ople out of wo couldn't find work if they were looking for it. however the earlier thanksgiving also means retailers hire earlier. so you have these two forces. and zandi said there was two things, plus 86 from sandy, minus 60 or 70 because you have a seasonal effect of earlier retailers. on the jobs number. on the jobs number. so these offset? hiring for retail means a positive. less hiring for -- because of sandy is a negative. could they offset? >> there has to be some netting. there are special effects in the reports you're trying to sort out. and there's also the question of what the the economy
Dec 6, 2012 7:00am EST
. caller: hi. i have two questions concerning the fiscal cliff. the cash cuts that republicans -- the spending cuts on medicare. why don't we allow them to negotiate medicare and to reduce the cost of medicine? that should save you a lot of money yearly. i agree totally about the republicans and democrats spending money stupidly just before the election. both sides voted to refurbish something like 170 army tanks that the army said they'd do not need. they went and voted to repair those tanks. why are we wasting our money? democrats want to cut taxes. host: armstrong williams? guest: we haven't gotten to affordable care and medicare and medicaid. if affordable care was administered correctly and if he did not have the special interest groups and if tort reform was not included, package you move forward in making health care work for anyone if you do not bring tort reform to the table? the medical malpractice lawsuits are out of control where doctors are paranoid and have to think twice before going through these procedures. it becomes a nightmare for doctors. there are too many
Dec 5, 2012 1:00pm PST
in the '90s with billi bill clinton. listen to what he says about the fiscal cliff? >> i think no deal is better than a bad deal. i think going off this cliff is less dangerous than letting things build up for a year or two. the president has staked out a position of nonseriousness, i think it's difficult for the house republicans right now to find any practical way to get his attention. >> he's saying go over the cliff rather than accept what the president wants right now. >> i don't need to remind you this is the house speaker who shut down the government and that didn't work so well for the republicans. going over the cliff is something i don't think they want to do earlier. as i keep saying, wolf. the irony to me here is that the larger issues are things they really understand how to resolve, if you look at all their proposals. they just can't get there, because they can't agree on this revenue issue. where does the revenue come from. do you raise the rates on the wealthy? if you do, how much? and that's actually in the whole realm of things a sticking point that one would presume
Dec 6, 2012 1:00pm EST
leader eric cantor says the house will be back in session december 17 to deal with the so- called fiscal cliff. he says the house will not adjourn until an agreement is reached. when the house gavels in next week, live coverage c-span. >> and think the writers institute is something that is very important within the culture. we are a culture of words, of voices. words are key to our imagination, our capacity to envision things. we are not completely tied to print on the page. but i think there is no other art form so readily accessible other than perhaps film, which we work with, too. there is something in literature that just captures the human spirit. >> join "booktv," "american history tv" as we look behind the scenes at the history of new york's capital, albany. sunday at 5:00 p.m. on american history tv on c-span 3. >> the joint economic committee today heard from the two economists on how to deal with the fiscal cliff. marchese said tax increases are necessary to reduce the deficit. senator bob casey of pennsylvania chaired the hearing. >> the committee will come to order. we want
Dec 7, 2012 12:00pm EST
. >> lawmakers from both sides of the aisle met this week to unofficially discuss what is called the fiscal cliff. house budget committee ranking democrat chris van hollen, tennessee republican senator bob corker and other spoken of for him on the debt negotiations. the hour-long discussion was hosted by bloomberg government and the deloitte consulting company. >> good morning. i am the head of bloomberg government. thank you for joining us today and thank you to delayed for partnering with us at this event. plenary lunch limburg just over two years ago we had the aspiration of creating a one-stop shop with data, tools, news and proprietary knowledge to help government affairs, government professionals make better and faster decisions. we are a long way to succeeding in that but a big part of it is convening conversations on the big issues that face the nation today particularly at the intersection of business and government. today's discussion on the fiscal cliff clearly exceeds that far. we are honored to have such a thoughtful panel. senator mark warner, senator bob corker, congressman chris v
Search Results 0 to 34 of about 35 (some duplicates have been removed)